Land in Nigeria

In Nigeria, the present Mortgage operations are overseen by the Federal Mortgage Bank of Nigeria (FMBN) which operates through Mortgage Banks known as Primary Mortgage Institutions (PMI) which are licensed to interface with the individual customers. The terms and interest payable on Mortgages are usually less cumbersome than commercial loans. They are usually secured against the “brick and mortar” (property) ...

With this part 2, I intend to conclude on the possible indicators of land dispute so you know what to look out for in order not to lose your hard earned money when buying land. Enjoy it. 3. Negative report on vendor/agent You must ensure the agent introducing the land to buy, your own agent helping you to source for what to ...

Begin this article HERE …into a house, the owner agrees to release the house and charges one hundred thousand every month, and you take it, you have accepted. For instance, you are going to Maryland and a vehicle passes calling for Yaba, you get in and indicate your exit at Maryland. What you have just done is agree with the ...

RESOLVING DISPUTES FROM THE HEART: A NEUTRAL’S PERSPECTIVE BEING TEXT OF A SPEECH PRESENTED AT THE SCMA NIGERIA MEETING ON WEDNESDAY 13TH MARCH 2013 BY MR AKIN OLAWORE FNIVS, FRICS, MAPM. Mediation is a way of resolving disputes without dissolving relationships.Dispute is part of human existence and will always arise, but how it is resolved defines human relationships. Rights and ...

The national housing fund is one of the ways by which we can access finance to purchase your choice property. It’s been anchored by the Federal Mortgage Bank of Nigeria. They distribute or loan out the money through the banks we call primary mortgage institutions; that is the regular mortgage banks we see around in conjunction with the Federal Mortgage ...

For any building structure you see, whether a bungalow, duplex, sky scraper or even the foundational stage of a building, the Certificate of Occupancy, popularly called the C of O is what signifies legally that you have interest on the land upon which that property is standing on. It is a very important document in any land transaction and is ...

The history of cooperative society with real estate as our focus dates back in history when it became renowned and accepted as a group dedicated towards the building up of the society. Before it came to the notice of the public, people do form groups with no knowledge and intentions of making it thrift as we have it today. But ...

The issue of getting a property can sometimes be very daunting if you have to think about the stress and many processes involved. First, you have to be sure what you’re buying is genuine and will not be sold to anyone else after your payment except by you. Then you have to obtain proper title if none existed before or ...

CHAT WITH MR AJIBOLA ADEMOLA On How To Be A House Owner One of the major reasons why many people lack information on how to be a landlord is because they lack proven strategy to go about it. One of the ways we intend to crack this code is by sharing with you chats with house owners. I will be ...

Maximum Return Guaranteed on Your Investment Investing in real estate is one of the most lucrative businesses you can do in Nigeria that guarantee returns on your investment. The first step to get started is to clearly define how, when, why, where to enter the real estate world as an investor. Then find a proven real estate investment expert that ...